New Stimulus Package Expected Monday—$1,200 Second Stimulus Checks, Unemployment Benefits Proposed

Senate Republicans are expected to introduce their long-awaited, proposed stimulus package on Monday—and here’s what’s likely inside.

Here’s what you need to know.

Second stimulus checks

The stimulus package, which was supposed to be released today but will now be released on Monday according to CNN, includes second stimulus checks. How much is the second stimulus check? Treasury Secretary Steven Mnuchin confirmed that the amount of the second stimulus check in the proposal will be a one-time $1,200 stimulus check. The good news is that Democrats want the second stimulus check also to be $1,200. The requirements to receive the second stimulus check will be the same as the first stimulus check under the Cares Act, which was the $2.2 trillion stimulus package in March. -Full Report